According to the DOF, the real property tax
collection efficiency recorded in 2016 was at 71 percent for all LGUs, 73 percent for cities, and 68 percent for provinces and municipalities.
Taxpayers whose real property taxes
remain unpaid 60 days after the last date on which they could have been paid without interest (or, if the taxes are payable in installments, remain unpaid 60 days after the last date on which the final installment could have been made without interest) are not eligible for the credit.
The Tax Court found the QEZE real property tax
credit to be different from the other credits.
A residential property, owned by a religious organization and used as a residence for its maintenance employee, was not entitled to an exemption from real property tax
according to the Commonwealth Court of Pennsylvania.
EO gives real property tax
break to power producers !-- -- Christina Mendez (The Philippine Star) - August 17, 2019 - 12:00am MANILA, Philippines Invoking public interest, President Duterte has issued Executive Order No.
88 signed on Tuesday, a copy of which was released to the media only on Friday, ordering the reduction and condonation of all liabilities for real property tax
, including any special levies accruing to the Special Education Fund for calendar year 2018 on property, machinery and equipment actually used by IPPs for the production of electricity under a BOT scheme and similar contracts.
"Considering that the subject land and the revenue derived from the lease thereof are used by UP for educational purposes and in support of its educational purposes, UP should not be assessed, and should not be made liable for real property tax
on the land subject of this case," the SC ruled.
The City Treasurer's Office (CTO) will penalize taxpayers who failed to settle their real property tax
(RPT) due on June 30, 2019, an official said.
These reforms are contained in the real property tax
system embodied in Package 3 of the Duterte administration's Comprehensive Tax Reform Program (CTRP).
Talery, for his part, says once the program starts, designated LRA officers will be named as Champions at various churches and mosques with the aim of creating awareness and guidance on real property tax